Oil rises 1 percent as U.S. threatens sanctions against Venezuela
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SYDNEY/SINGAPORE (Reuters) - Oil prices rose more than 1 percent on Friday as turmoil in Venezuela triggered concerns that its crude exports could soon be disrupted.Washington on Thursday signalled it could impose sanctions on Venezuela's oil exports as Caracas descends further into political and economic turmoil.International Brent crude oil futures were at $61.80 a barrel at 0557 GMT, 71 cents, or 1.2 percent, above their last close.U.S. West Texas Intermediate (WTI) crude futures were at..